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  3. LOAN COUNCIL FACES CRITICAL FINANCIAL SITUATION

    AUSTRALIA’S GRAVE-FINANCIAL PROBLEMS WERE FACED YESTERDAY by the Loan Council in Parliament House, Melbourne. The personnel and staff are shown above. Seated round the table, from left, are:—Mr. McPhee (Premier, Tas.), Sir James Mitchell (Premier, W. A.), Mr. Barnes (Treasurer, Q.), Mr. H. J. Sheehan (Commonwealth Treasury), the Prime Minister (Mr. Scullin), who presided; Mr. Jones (Minister for Public Works, Vic.), Mr. H. A. Pitt (Under-Treasurer, Vic.), Mr. A. J. Smithers (Treasury Office), Mr. E. Bennetts (secretary, N. S. W.), Mr. Lamaro (Attorney-General, N.S.W.), Mr. T. D. Kelly (Treasury Office, N.S.W.), ... [ILLUSTRATED]

    Article : 268 words
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